Today is Friday, June 11th, and you're listening to The Morning Announcements presented by

Betches Media.

I'm Sammy Sage.

In case you've been following the Keystone XL pipeline project that's been going on

since 2008, I'm here to report that 13 years later, the project is officially dead.

The Keystone pipeline was an embattled proposal to expand the transport of oil sands, which

is a type of petroleum, from Canada to the U.S.

However, it would involve major disruption to wildlife, water sources, and the climate,

as well as put the area at risk for pipeline spills.

The Obama administration rejected the project in 2015, but it was later revived by the Trump

administration before reaching its official end this week.

So I guess that's one less problem.

Speaking of 2008, a new report from the Labor Department shows the consumer prices

rose in May at the fastest rate since that year.

Also, prices jumped 5% in May from year earlier, and rose 0.6% from April to May.

The biggest price increases were for cars, airfares, home furnishings, and food prices.

An economist reason that this is happening due to increased demand colliding with supply

shortages that include lumber, steel, and semiconductors necessary for making cars

and computers.

Next, we have another update on another cyber attack.

This time, it's the one against meat supplier JBSUSA.

It turns out that JBSUSA paid an $11 million ransom in response to the attack which led

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